Free Tuition
Getting a post-secondary education in Canada has never been more
expensive than it is right now. This is forcing graduating students in British
Columbia to carry around a hefty weight in the form of student debt.
British
Columbia students should receive free tuition because more of today’s jobs are
knowledge based. A better educated workforce would help fill many of the skill
gaps that prevent the Canadian economy from growing stronger.
The Government of Canada estimates that 70 percent of jobs in today’s
market require some form of higher education. So, if you want a secure job, you
are going to have to pay the price.
According to Statistics
Canada, post-secondary tuition fees have rose a total of 3.3% in
the 2018/2019 academic school year. The average tuition has increased to $6,838, with the cost
depending on what program a student is enrolled in, from $6,571 in the
2017/2018 school year. That equals to an average of $27,000 per degree – and
that’s just tuition alone.
By adding
costs of school supplies, textbooks, transportation, and residence, Statistics
Canada says the average Canadian university graduate finishes school
with more than $26,000 in student debt.
This also
means that access to higher education from many lower-income Canadians,
including those from Indigenous communities, are denied, or even if they do end
up attending, are left with “mortgage sized” debts.
Charlotte
Kiddell, deputy chair of the Canadian Federation of Students, says, “Post-secondary
education is essential to pursue a decent quality of life, it's absurd that
people should be denied that opportunity based on costs - it is perpetuating a
cycle of poverty to prevent the most marginalized in our communities from
accessing education that should be a right."
Students in
B.C. either aren’t attending post-secondary
school because of the high cost of tuition or are graduating with mountains of
debt from student loans which on average take 9 to 15 years
to pay off. This makes educated workers unable to contribute to society
financially, politically, and socially.
According
to the Canadian
Federation of Students, “Student
loan obligations reduce the ability of new graduates to start a family, work in
public service careers, buy a house, car and other assets, build career-related
volunteer experience, or take lower paying work in their desired field to get a
‘foot in the door’.”
As of right now, Canadian students
collectively owe over $28 billion worth student loans to all levels of
government. But it doesn’t have to be this way, according to the CFS.
“The federal government is using interest rates on
student loans as a valuable source of revenue. This year, the government of
Canada is projected to generate $862.6 million in revenue from the Canada
Student Loans Program.”
“If
the amount of money the federal government spent on savings schemes and
education-related tax credits each year had been simply shifted to the Canada
Student Grants Program,
student debt owed to the federal government could be greatly reduced,” or possibly
free.
Students collective debt is worth over $28 billion? Wow, that's insane!
ReplyDeleteStudents shouldn't have to start their career submerged in debts. Free tuition is a win-win for both students and the government. An educated population is beneficial for the economy of the country.
ReplyDeleteNo debt is the right direction for the future of education! So many benefits for the economy and a big burden off of students for sure.
ReplyDeleteThere is a moral, social, and economic obligation to invest in free education. By profiting off of students, instead of investing in them, the provincial government is not acting proactively. Hopefully, we'll see change in this regard!
ReplyDeleteIndigenous peoples can actually receive a high level of funding provincially and federally. These individuals have the option for government funded education. For the rest of us free education is a disadvantage financially. Canada does not have the population density and expendable tax revenue to be providing free education to everyone. What if Canada introduced a system that reimbursed students for achieving A grades? This would push young Canadian's to achieve the best mark possible and not just a passing grade.
ReplyDeleteReally interesting point Sasha! In my opinion, I do truly feel that the Canadian government could supply students with free tuition, though, this would cause even higher costs of living. A possible reimbursement could surface the overwhelming hole of debt students dig themselves in. Plus, driving students to achieve higher grades!
DeleteI can't believe how much money the government makes off of the education system! That's mind boggling. If they helped make education more accessible they would have a way healthier economy.
ReplyDelete